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Press releases for real estate investment
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Prestigious Properties announces $14.65M acquisition in Calgary, AB--assets owned exceed $90M (2011-01-14)
Prestigious Properties Group is pleased to announce the acquisition of Castleview Park Apartments, a 120-unit apartment building in Calgary, Alberta. The purchase of this asset, in Calgary’s expanding NE quadrant, grows the group’s holdings to over $90 million in assets. Since its inception in 2000, Prestigious Properties’ portfolio has expanded to over 1200 units, of which over 40% are in Alberta.
Trump Launches $1b Indian Hedge Fund (2008-08-18)
Trump Organization USA announced plans to launch a $1 billion hedge fund to invest in Indian real estate. Donald Trump Jr.'s interest in the Indian real estate market was sparked in 2007 when he visited the subcontinent for the Cityscape real-estate conference in Mumbai.
Developing Paradise S.A. Releases 10 Acres on Gulf Of Nicoya in Costa Rica for Less Than $12,000/Acre (2008-05-08)
Developing Paradise has recently released 10 acres of pristine developed land on the Gulf of Nicoya and is also marketing ocean and mountain view properties for other owners in this exotic locale. For the past 3 years the company has provided up-to-date information products assisting North Americans in discovering nearby Costa Rica as a place to tour or purchase developed land and build second homes. Many factors contribute to the increase of investor interest such as lower government taxes, availability of raw materials, inexpensive labor pool, the natural beauty of the country and of course, its affordability!  Real Estate Partners Closes 2005 with $70 Million in Acquisitions; $500,000,000 in Total Assets Projected by Year-end 2006 (2006-02-06)
Real Estate Partners, Inc., a national real estate investment and management services company specializing in the acquisition, repositioning, management and disposition of high-growth properties, announced today that it acquired approximately $70 million in assets in 2005. The company also added Robert Warren, III to head up its newly launched Real Estate Partners Asset Management Services, Inc., and implemented several other strategic growth initiatives. In the last 12 months, Real Estate Partners has grown its portfolio to include approximately 5,500 multifamily units. Real Estate Partners plans to acquire $200,000,000 or more in value-add multifamily properties and approximately 500,000 square feet of commercial property acquisitions, with similar annualized growth expected thereafter through 2007. Total owned assets expected for the company by year-end 2006 is approximately one-half billion dollars.
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